TAMAN BUKIT MINYAK UTAMA
Residential Market
Median Price
RM 655,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 1,135,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
27 properties
Median Price
RM 665,000
+1.3% CAGR
Median PSF
RM 483.00
+1.8% CAGR
Double Storey Semi-D
8 properties
Median Price
RM 850,000
+6.5% CAGR
Median PSF
RM 296.00
+6.5% CAGR
Double Storey Shop
5 properties
Median Price
RM 882,000
+13.4% CAGR
Median PSF
RM 561.00
+3.9% CAGR
Single Storey Shop
1 properties
Median Price
RM 3,088,000
Median PSF
RM 467.00
3-Storey Storey Shop
1 properties
Median Price
RM 1,899,000
Median PSF
RM 723.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 27 |
RM 665,000
±13K MAD
|
+1.26% |
RM 483.00
±18 MAD
|
+1.81% | |
Double Storey Semi-D | 8 |
RM 850,000
±51K MAD
|
+6.49% |
RM 296.00
±18 MAD
|
+6.52% | |
Double Storey Shop | 5 |
RM 882,000
|
+13.44% |
RM 561.00
±17 MAD
|
+3.93% | |
Single Storey Shop | 1 |
RM 3,088,000
|
- |
RM 467.00
|
- | |
3-Storey Storey Shop | 1 |
RM 1,899,000
|
- |
RM 723.00
|
- |
TAMAN BUKIT MINYAK UTAMA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2021, with a median price of RM 655K and a median price per square foot (PSF) of RM 487.
This area contains both residential and commercial properties. View 35 residential properties or 7 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 655K, with most transactions falling within a stable range of RM 623K to RM 687K, and a typical market range of RM 620K to RM 710K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 487, though individual units vary from RM 377 to RM 597 in the core range. The broader market spans RM 392.00 to RM 582.00, indicating diverse property characteristics. The spread of RM 190.00 (IQR) and deviation of RM 110 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG BUKIT MINYAK UTAMA 30
|
RM 650,000
|
RM 491.00
|
1,324 sqft
|
Jul 2021
|
LORONG BUKIT MINYAK UTAMA 28
|
RM 660,000
|
RM 483.00
|
1,367 sqft
|
Dec 2021
|
LORONG BUKIT MINYAK UTAMA 20
|
RM 710,000
|
RM 511.00
|
1,389 sqft
|
Dec 2021
|
LORONG BUKIT MINYAK UTAMA 18
|
RM 620,000
|
RM 241.00
|
2,573 sqft
|
Nov 2021
|